LogIn LogOut

Founder of Singapore's Marine Fuel Supplier Charged in Shell Oil Theft Case

October 2, 2020

Illustration; A Sentek bunker tanker - Credit: Capt. Turboboss - MarineTraffic.com
Illustration; A Sentek bunker tanker - Credit: Capt. Turboboss - MarineTraffic.com

The founder of one of Singapore's biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell's refinery in the city-state, according to a charge sheet reviewed by Reuters.

Pai Keng Pheng, the founder and managing director of Sentek Marine & Trading, was accused on Thursday of conspiring to dishonestly receive stolen property in a charge issued by the police's organized crime branch.

Sentek and Shell employees and other third parties have been previously charged for their role in the theft, first uncovered in 2017.

In total, about $150 million of oil was stolen over several years from the refinery, which is situated on one of Singapore's southern islands and is Shell's largest globally.

Singapore is the world's biggest ship refueling station and Southeast Asia's petroleum refining hub, but the local industry has been rocked by a series of scandals in recent years including the high profile collapse of oil trading firm Hin Leong.

Pai, 57, could not be immediately reached by telephone or email for comment. Reuters was not immediately able to identify any legal representative for Pai.

Sentek did not respond to a request for comment.

Sentek was listed as Singapore's second-largest bunker supplier by volume in 2019, according to Singapore's port authority. 

(By John Geddie and Roslan Khasawneh Editing by Robert Birsel)



Current News

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Temperature

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Temperature

Digitizing Risk-based Integrity Management of FPSOs

Digitizing Risk-based Integrity Management of FPSOs

Pacific Drilling Can't Appeal Samsung Drillship Case Ruling

Pacific Drilling Can't Appeal Samsung Drillship Case Ruling

Former Petronas Exec to join EnQuest Board

Former Petronas Exec to join EnQuest Board

Bangladesh Cancels LNG Import Tender over High Prices

Bangladesh Cancels LNG Import Tender over High Prices

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Report: Mitsui Hires Crude Oil and Condensate Traders

Report: Mitsui Hires Crude Oil and Condensate Traders

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com